Bill Text: TX HB2425 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to a prohibition on governmental contracts with Chinese companies.
Sponsorship: Partisan Bill (Republican 15)
Status: (Introduced - Dead) 2023-03-13 - Referred to State Affairs [HB2425 Detail]
Download: Texas-2023-HB2425-Introduced.html
| 88R6780 LRM-D | ||
| By: Isaac | H.B. No. 2425 | |
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| relating to a prohibition on governmental contracts with Chinese | ||
| companies. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subtitle F, Title 10, Government Code, is | ||
| amended by adding Chapter 2278 to read as follows: | ||
| CHAPTER 2278. PROHIBITION ON CONTRACTS WITH CHINESE COMPANIES | ||
| Sec. 2278.001. DEFINITIONS. In this chapter: | ||
| (1) "Chinese company" means a company that is | ||
| headquartered in China or is a wholly owned subsidiary or | ||
| majority-owned subsidiary of a company headquartered in China, | ||
| regardless of whether: | ||
| (A) the company's or its parent company's | ||
| securities are publicly traded; or | ||
| (B) the company or its parent company is listed | ||
| as a Chinese company on a public stock exchange. | ||
| (2) "Governmental entity" means a state agency or | ||
| political subdivision of this state. | ||
| Sec. 2278.002. PROVISION REQUIRED IN CONTRACT. A | ||
| governmental entity may not enter into a contract with a company for | ||
| goods or services unless the contract contains a written | ||
| verification from the company that it is not a Chinese company. | ||
| SECTION 2. Section 2278.002, Government Code, as added by | ||
| this Act, applies only to a contract entered into on or after | ||
| January 1, 2024. A contract entered into before that date is | ||
| governed by the law in effect on the date the contract was entered | ||
| into, and the former law is continued in effect for that purpose. | ||
| SECTION 3. This Act takes effect September 1, 2023. | ||
